A mother coin and a Child coin.

[Wapinter]

Before I start let me clearify that I am using name Mother Coin and Child Coin for convenience.
Now my question :
Is it possible to create a coin (we call it mother coin) which on stake creates a coin (child coin) with timestamp and a child coin be auto-burnt after a predefined period of time.
The quantity of Mother Coin will remain the same in wallet but it will produce ( stake) a coin (child coin) in some ratio.
The Child coin can not be staked and will die after a period of time.

[icanscript]

Could something like this not be created with metadata - http://counterparty.io/ or http://coloredcoins.org/

[mkc]

Before I start let me clearify that I am using name Mother Coin and Child Coin for convenience.
Now my question :
Is it possible to create a coin (we call it mother coin) which on stake creates a coin (child coin) with timestamp and a child coin be auto-burnt after a predefined period of time.
The quantity of Mother Coin will remain the same in wallet but it will produce ( stake) a coin (child coin) in some ratio.
The Child coin can not be staked and will die after a period of time.

Sounds like an interesting concept, do you have a use case in mind?

[robelneo]

Before I start let me clearify that I am using name Mother Coin and Child Coin for convenience.
Now my question :
Is it possible to create a coin (we call it mother coin) which on stake creates a coin (child coin) with timestamp and a child coin be auto-burnt after a predefined period of time.
The quantity of Mother Coin will remain the same in wallet but it will produce ( stake) a coin (child coin) in some ratio.
The Child coin can not be staked and will die after a period of time.

Sounds like an interesting concept, do you have a use case in mind?

It is indeed a good concept I'm not a coder but let's see if it is possible,anything is now possible in the crypto world,maybe one good coder/developer will extract the idea and develop this concept hopefully it will not be another ico,very good concept to be wasted.

[benthach]

yes, it's already working, breakout stake would creating breakout coin;
https://bitcointalk.org/index.php?topic=1509819.0

[Wapinter]

Before I start let me clearify that I am using name Mother Coin and Child Coin for convenience.
Now my question :
Is it possible to create a coin (we call it mother coin) which on stake creates a coin (child coin) with timestamp and a child coin be auto-burnt after a predefined period of time.
The quantity of Mother Coin will remain the same in wallet but it will produce ( stake) a coin (child coin) in some ratio.
The Child coin can not be staked and will die after a period of time.

Sounds like an interesting concept, do you have a use case in mind?

Yes I am working on something and I need some coder's help.I can not disclose much at the moment.Just trying to get suggestions and check the feasibility